Mortgage Calculator

We will work out your options with our handy calculator, including how much deposit you need and how much your monthly repayments might be, (eg) Selling price is circa K5000,000 we would expect a 20% deposit of K100,000. We would assist buyer with K400,000 finance from the bank.

The cost of borrowing K100,000 over 15 years at 15% Kwacha interest rate would result in K1,400 per month repayment including interest. To borrow K400,000 it would cost K5,400 per month. Banks require mortgage repayment to be no more than 35% of total income so combined household income to be minimum of K15,000 per month.